Examples of external shocks are all of the following EXCEPT
A) war.
B) drought.
C) oil shock.
D) U. S. federal tax policies.

Question

Quizplus · Accepted Answer

U.S. federal tax policies are not typically considered external shocks as they are internal policies within the United States government. External shocks are events or factors that occur outside of a country's economy that can have a significant impact on it, such as war, drought, and oil shocks.

Examples of External Shocks Are All of the Following EXCEPT